Technical Debt [TD] concluded that "Technical debt is the amount of work needed to decrease the total cost of a product", which establishes a qualitative link between effort spent now and effort spent later. That link can be expressed quantitatively across projects of different sizes as the Technical Debt Ratio (TDR). The Technical Debt Ratio … Continue reading Technical debt ratio
Tag: project management
The triangle of the value-creation industry
A project is an activity, limited in time and scope, which transforms an organisation from an initial state into a target state. The project management triangle [1] correlates cost, time, scope and quality of a project and emphasizes that project management choices regarding these factors affect results. All interpretations of the project management triangle I'm … Continue reading The triangle of the value-creation industry